How can I pay for my electricity bills on EMI?
This summer, Bajaj Finserv has come up with a unique offer that enables you to convert not only the cost of your air conditioner but also your electricity into easy EMIs. In this offer, when you buy an air conditioner worth Rs. 20,000, you get an Insta Credit of Rs. 5,000. When you purchase an AC worth Rs. 40,000, you get an Insta Credit of Rs. 7,000 in your Bajaj Finserv Wallet app. This way, you can pay for your electricity bills on EMI.
What is Insta Credit?
An Insta Credit is an exclusive offer that enables EMI Network Card holders to avail additional funds of up to Rs. 7,000 on their Bajaj Finserv Wallet. You can use this amount to pay for all utilities like electricity bills or transact across 1 million online and offline stores that are a part of the Bajaj Finserv Wallet’s merchant network.
How can I avail Insta Credit on my AC purchase?
Once you purchase your air conditioner on the EMI Network and choose to avail an Insta Credit, you can simply log in to your Bajaj Finserv Wallet app and click on the Insta Credit banner on the homepage. You will also need to confirm your Insta Credit loan with an OTP sent to your registered mobile number.
This offer is only valid for EMI Network Card holders. However, if you don’t have an EMI Network Card, you can opt for an Insta Card at the time of your purchase.
Please note: You will have to confirm your Insta Credit loan within 72 hours of your purchase.
Where can I access my Insta Credit amount?
You can easily access your Insta Credit amount on your Bajaj Finserv Wallet app.
How does an Insta Credit affect my existing EMI balance?
Your existing EMI balance will not be affected when you avail an Insta Credit loan.
How do I repay my Insta Credit loan?
The EMI for your Insta Credit loan will automatically be deducted on the 2nd or the 5th of every month from your bank account until the loan tenor is completed. You can avail a maximum tenor of up to 12 months for your Insta Credit loan. The exact due date for your EMIs will be mentioned on your Statement of Account and your welcome letter.
How can I avail a loan to purchase electronics and other home appliances on the EMI Network?
Availing a loan on the Bajaj Finserv EMI Network is easy, you can do so with or without an EMI Network Card. Just visit your nearest partner store and use your EMI Network Card to pay. If you don’t have an EMI Network Card, just submit some basic documents and avail financing in just 3 minutes.
What are the documents required to avail a loan on the Bajaj Finserv EMI Network?
You can avail easy financing on your purchase by simply submitting the following documents:
- A cancelled cheque
- A copy of your PAN card
- A copy of your KYC documents
- A duly signed ECS mandate
How can I get an NOC, a statement of accounts, and other loan-related documents?
You can call our customer care at 020 – 3957 5152 (call charges may be applicable) or log onto your account on our customer portal – Experia for all your loan-related queries.
Is there an interest charged on the purchase of electronics and home appliances on the Bajaj Finserv EMI Network?
When you shop on the Bajaj Finserv EMI Network, you can easily divide the cost of your purchase into easy EMIs at no extra cost.
